SSS taps G-Cash for mobile payments

MANILA – Members of Social Security System (SSS) may soon have access to mobile payments through G-Cash.

SSS and G-XChange, the e-commerce unit of Globe Telecom, have signed a memorandum of agreement to allow members to settle contributions and loan amortizations using G-XChange’s mobile remittance facility.

G-Cash, which is offered exclusively to Globe and TM Network subscribers, is a free mobile application that serves as a virtual wallet to allow users a convenient way to transfer money.

SSS members will only need to load their G-Cash accounts with credits to cover payments for contributions and loans. A one-time registration is required and payments are free of charge.

Members will receive a confirmation text message for every successful transaction.

SSS vice president for Member Services Division Mario Sibucao said the payment facility will be opened to household employers, voluntary members, and self-employed individuals including farmers, fishermen and non-working spouses.

“We are encouraging our members to register in this new payment facility once rolled out. It promises prompt remittance of their contributions and loan amortizations at their convenience,” said Sibucao.

The signing of the memorandum of agreement was held in November at the SSS Corporate Headquarters in Quezon City.